Sodium Silicate Price in USA
- United States: 455 USD/MT (Sodium Silicate Glass)
The sodium silicate prices in the USA for Q4 2023 reached 455 USD/MT in December.
The latest report by IMARC Group, titled "Sodium Silicate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of sodium silicate prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Sodium Silicate Prices Analysis:
- Japan: 315 USD/MT (Sodium Silicate Glass)
- Netherlands: 305 USD/MT (Sodium Silicate Glass)
Report Offering:
- Monthly Updates: Annual Subscription
- Quarterly Updates: Annual Subscription
- Biannually Updates: Annual Subscription
The study delves into the factors affecting sodium silicate price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/sodium-silicate-pricing-report/requestsample
Sodium Silicate Price Trend- Last Quarter
The rising need for sodium silicate in the manufacturing of detergents and cleaning products, where it acts as a builder and stabilizer to enhance the effectiveness of surfactants is impelling the market growth. Additionally, sodium silicate is essential in the construction industry for its role in producing cement and concrete, where it improves the material's strength and durability. Another crucial driver is its application in the water treatment sector, where sodium silicate functions as a coagulant and flocculant, helping in the purification of water. Furthermore, the growing demand for sodium silicate in the automotive industry, specifically in the manufacture of tires and as a bonding agent in various rubber products, is contributing to the market growth.
Sodium Silicate Industry Analysis
In Q2 2024, the North American sodium silicate market experienced a notable surge in prices following an initial decline. This upward trend was driven by several key factors. The heightened construction demand coincided with rising freight rates, further pressured prices. In the USA, seasonal trends, including the traditional peak in construction activity during this period, led to a significant price increase. This was reflected in broader economic indicators such as higher construction employment and a reduced construction unemployment rate. In Q2 2024, the Asia Pacific sodium silicate market saw a notable price increase. The rise in global freight rates and tight vessel space significantly escalated import costs, contributing to the upward trend in prices. Additionally, higher raw material costs and currency fluctuations increased production expenses, further driving up prices. Japan experienced the most pronounced price changes in the region.
In Q2 2024, the European sodium silicate market showcased a steady increase in prices. The positive pricing environment was supported by heightened infrastructure spending, a mild rebound in housing activities, and government initiatives promoting construction. Despite economic challenges, increased demand for construction materials led to a rise in sodium silicate prices. Improved supplier delivery times and increased subcontractor availability stabilized the market, mitigating potential supply chain disruptions. Germany witnessed a cautious but positive trend on account of seasonal construction activity and restocking efforts by merchants, which temporarily increased demand.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
